Wednesday, June 1, 2011

House votes against raising the debt ceiling...

Yesterday the house voted against raising the debt ceiling. Even many democrats showed up in the NAY column. The final tally was 318 against and 97 in favor.

Now the negotiations begin. What kind of deal can the Republicans get in order to vote again and raise the debt ceiling. But here is my thought, why negotiate at all. Refusing to raise the debt ceiling comes with built in spending cuts. There is no way we can allow our government to default on our debt. Without raising the debt ceiling, spendings cuts, big ones, would be the best way to keep from defaulting.

Besides, making a deal with obama is a no win situation. Even if you get a decent deal he doesn't honor it. He has proven that in the past. He is a liar and you can't make a deal with a liar...

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